July 19, 2011

Monthly housing starts for June rose above the 600,000 mark for the first time since January, according to data released today by the Commerce Department.

Housing starts increased to a seasonally adjusted annual rate of 629,000 in June, up 14.6% from the revised May estimate of 549,000. Single-family starts also showed a big improvement -- up 9.4% to a rate of 453,000.

The 629,000 annual rate came in much higher than anticipated by most forecasts, which had called for a rate of about 570,000.

July 18, 2011

All eyes are on the residential construction report for June, to be released by the Commerce Department Tuesday, July 19. 

Analysts are expecting starts to come in at a seasonally adjusted annual rate of about 570,000. If correct, that would be a 1.8% increase over housing starts for May. Starts have been under the 600,000 mark since January, when they were at a pace of 636,000.

September 19, 2010

The Commerce Department will release its data for August housing starts and building permits Tuesday...